Lightning Round: Don't touch anything near this

It's that time again! Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:

Trinity Industries: "No, no, no. We are not going to touch anything involving trains, which are doing quite poorly in this country right now."

JetBlue Airways: "All of the airlines are going higher because now we know that oil has taken another step down that we didn't count on."

Dominion Resource: "Here is the problem with Dominion Resources; it is a utility, and they are all going lower. It almost yields 4 percent. When it gets through the 4 percent level, then I think you can pull the trigger."

Xerox: "I don't get the story about why you want to own that stock. I know there is activism. I don't want to touch it."

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American Eagle Outfitters: "They have turned that company around. I don't like teen apparel plays, but that is best-in-show. If like them all, I go L Brands. That is my favorite."

Southwestern Energy Company: "I've got to tell you, this group is just going lower. And we are not going to touch any of these, particularly Chesapeake by the way, which definitely goes lower."

Hanover Insurance Group: "The Hanover Group is good, but I prefer ACE because I think that ACE limited, Evan Greenberg [CEO], is the best-in-show."

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